Sprouts Farmers Market Stock Price, News & Analysis (NASDAQ:SFM)

7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Sprouts Farmers Market in the last year. There are currently 2 sell ratings and 5 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "reduce" SFM shares.
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7 Wall Street analysts have issued 12 month target prices for Sprouts Farmers Market's shares. Their SFM share price targets range from $26.00 to $45.00. On average, they anticipate the company's stock price to reach $35.71 in the next twelve months. This suggests that the stock has a possible downside of 22.2%.
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Sprouts Farmers Market's stock was trading at $32.37 on January 1st, 2023. Since then, SFM stock has increased by 41.8% and is now trading at $45.90.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, March 7th 2024.
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Sprouts Farmers Market, Inc. (NASDAQ:SFM) posted its quarterly earnings results on Tuesday, October, 31st. The company reported $0.65 earnings per share for the quarter, topping the consensus estimate of $0.62 by $0.03. The company had revenue of $1.71 billion for the quarter, compared to analysts' expectations of $1.68 billion. Sprouts Farmers Market had a trailing twelve-month return on equity of 26.89% and a net margin of 3.78%. Sprouts Farmers Market's revenue was up 7.7% on a year-over-year basis. During the same quarter last year, the firm posted $0.61 EPS.

ETFs with the largest weight of Sprouts Farmers Market (NASDAQ:SFM) stock in their portfolio include Invesco Dorsey Wright Consumer Staples Momentum ETF (PSL), Invesco Food & Beverage ETF (PBJ), Touchstone Climate Transition ETF (HEAT), Putnam Sustainable Future ETF (PFUT), Global X Health & Wellness ETF (BFIT), SRH U.S. Quality ETF (SRHQ), SPDR S&P Retail ETF (XRT) and AXS Green Alpha ETF (NXTE).

Sprouts Farmers Market updated its FY 2023 earnings guidance on Tuesday, October, 31st. The company provided earnings per share (EPS) guidance of $2.77-$2.81 for the period, compared to the consensus estimate of $2.74. The company issued revenue guidance of $6.82-$6.85, compared to the consensus revenue estimate of $6.77 billion.

244 employees have rated Sprouts Farmers Market Chief Executive Officer Jack Sinclair on Glassdoor.com. Jack Sinclair has an approval rating of 65% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Sprouts Farmers Market investors own include Advanced Micro Devices (AMD), NVIDIA (NVDA), Walt Disney (DIS), Tesla (TSLA), Cisco Systems (CSCO), Netflix (NFLX), QUALCOMM (QCOM), Pfizer (PFE), AT&T (T) and Alibaba Group (BABA).

Sprouts Farmers Market's stock is owned by a number of retail and institutional investors. Top institutional investors include FMR LLC (14.87%), LSV Asset Management (4.56%), Morgan Stanley (2.79%), Boston Trust Walden Corp (1.43%), Invesco Ltd. (1.41%) and Northern Trust Corp (1.41%). Insiders that own company stock include Brandon F Lombardi, Dan J Sanders, David Mcglinchey, Douglas Gregory Rauch, Gilliam Phipps, Jack Sinclair, John Scott Neal, Joseph L Hurley, Kim Coffin, Kristen E Blum, Lawrence Molloy, Nicholas Konat, Stacy W Hilgendorf and Terri F Graham.
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Shares of SFM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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